• +234 811 8877 562, +234 811 8877 564
  • info@naccima.com, naccima30@yahoo.co.uk
1st Row (L-R) Chief Audu Ogbeh, Honourable Minister, Federal Ministry of Agriculture and Rural Development, Iyalode Alaba Lawson, National President, NACCIMA, and Senator Abiola Ajimobi, Governor of Oyo State at the UK Agritech Trade and Investment Mission, October 2017
NACCIMA National President, Iyalode Alaba Lawson, MFR, FIoD, JP at the High Level Round Table on the EU-West Africa Economic Partnership Agreement (EPA) on the 24th of October, 2017
On Friday 27th Oct 2017, NACCIMA and NIRSAL co-hosted a breakfast meeting to promote the Economic Recovery Agri-Agro Summit which holds from 27th - 29th November, 2017
On Wednesday, 25th October 2017, NACCIMA hosted its Corporate Members to a Breakfast Meeting to discuss areas of economic interest
A Delegation from NACCIMA led by the National President, Iyalode Alaba Lawson, MFR, FIoD, JP on a courtesy visit to the Oba of Benin, Omo N’Oba N’Edo Uku’ Akpolokpolo Ewuare II
National President, Iyalode Alaba Lawson MFR, FIoD, JP presenting a NACCIMA plaque to the Edo State Deputy Governor, Comrade Phillip Shaibu during a courtesy visit
NACCIMA National President Iyalode Alaba Lawson MFR, FIoD, JP and 1st Deputy National President Hajiya Saratu Iya-Aliyu presenting NACCIMA Patron Plaque to Prof. Yemi Osinbajo, Acting President, Federal Republic of Nigeria during the Association's courtesy visit.
Iyalode Alaba Lawson MFR, FIoD, JP, the National President of NACCIMA with the Mayor of Lewisham, Mr. Obajimi Adefiranye and another guest at d Opening Ceremony of the 4th Nigerian Diaspora Direct Investment Summit, London.
At the Stakeholders' Meeting with Business Delegation from Miami-Dade, USA- May 30, 2017

The Debt Management Office (DMO) on behalf of the Federal Government will be issuing a 7-year FGN Sovereign Ijarah Sukuk Due 2024. The offer will be opened on Wednesday, June 28, 2017 to the investing public and will run for three (3) working days.

 
 Issuer FGN Roads Sukuk Company 1 Plc on behalf of the Federal Government of Nigeria (FGN)
Instrument 7- Year FGN Sovereign Ijarah Sukuk Due 2024
Issue Size ₦100 billion
Unit of Issue ₦1,000 Per Unit
Minimum Subscription N10,000 (i.e. 10 units @N1,000/unit) and in multiples of N1,000 (1unit) thereafter
Rental Rate To be announced by the DMO
Use of Proceeds Construction of key economic roads across 6 geo-political zones in Nigeria
Profit Payment Half-yearly
Redemption Bullet repayment at maturity
Periodic Distributions Sukuk holders will receive an amount calculated at the Rental Rate of [[●]%] per annum on the outstanding aggregate Sukuk
Security Backed by the full faith and credit of the Federal Government of Nigeria.
Clearing System CSCS
Listing NSE and FMDQ
Paying Agent Central Bank of Nigeria
Status
  •  Qualifies as securities in which trustees can invest under the Trustee Investment Act.
  • Qualifies as Government securities within the meaning of Company Income Tax Act (“CITA”) and Personal Income Tax Act (“PITA”) for tax exemption for Pension Funds, amongst other investors.
  • Listed on The Nigerian Stock Exchange and FMDQ OTC Securities Exchange.
  • Qualifies as a liquid asset for liquidity ratio calculation for banks
  • Qualifies as allowable instrument for Pension Fund Administrators
Governing Law The Sukuk will be governed by, and construed in accordance with the laws of the Federal Republic of Nigeria as well as relevant section in the Islamic law of Mu’amalat

For further clarification and information, and to indicate your interest, contact the following persons at Afrinvest Securities Limited

Lagos:                Bolaji - +234 812 175 9032
Port Harcourt:     Taiwo - +234 808718 4771
Abuja:                Bola - +234 909 504 1827
Email –               This email address is being protected from spambots. You need JavaScript enabled to view it.

Our Objectives

The primary objective of the Association is to create a conducive atmosphere for the pursuit of commerce, industry and all other forms of economic activities of interest to the private sector. In pursuit of this objective, the Association undertakes a wide range of activities which include the following:

  • Promotion, protection and development of all matters affecting business.
  • Contribution of ideas for the overall economic stability of the nation.
  • Encouragement and Promotion of the Nation’s Private Sector.
  • Provision of a network for National and International Business Contact and Opportunities.
 

Our Vision

"To be revered as the Pillar of Business that supports the growth and development of Private Enterprise and Private Initiative"

Our Mission

As 'the Voice of the Nigerian Business', ensuring enabling business environment through policy advocacy, and promoting growth and competitiveness of business through proper and prompt information dissemination, using modern technology comparable to the best universal standard of Chambers of Commerce and Industry anywhere in the world.

Upcoming Events

The US-Nigeria Agribusiness Investment Summit is an annual high level expo of agribusiness ecosystem across Nigeria and the United States of America with a focus on agriculture and value addition of the two Countries. The Summit aims to consolidate the gains that have been made in Nigeria’s agriculture environment, and at the same time, to provide solutions to the challenges that bedevil agricultural production, post-harvest management, value addition and market access in the country.

Date: November 16-18, 2017
Venue: Hilton Atlanta Airport Hotel, Atlanta, GA. 1031 Virginia Avenue, Atlanta GA 30354, USA

For more information, visit http://usnagris.com/

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and Nigerian Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL) in collaboration with the Federal Ministry of Agriculture & Rural Development (FMARD) working in cooperation with Bank of Agriculture (BOA), Bank of Industry (BOI), Nigerian Agricultural Insurance Corporation (NAIC) and Infrastructure Concession Regulatory Commission (ICRC) present the NACCIMA-NIRSAL Economic Recovery Agri-Agro Summit 2017 with the theme: Nigeria Open for Agric-Business: Unlocking the potentials of Agriculture for Economic Revival and Sustainability

Venue: International Conference Center, Abuja
Date: 29th November - 1st December 2017
Time: 7am Daily

For registration details, visit www.eraas.ng